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Lexicon Pharmaceuticals LXRX License — Variable consideration, regulatory milestones

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Other financials

Income statement

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Revenue$21.1M+1,572%
Gross profit$21.0M+1,604%
Operating income-$996.0K+96.1%
Net income-$1.0M+95.9%
EPS (diluted)$0.00+100%

Balance sheet

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Cash & equivalents$67.1M+6.7%
Total debt$57.7M-45.7%
Total equity$202.9M+64.9%
Total assets$268.8M-9.7%

Cash flow

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Operating cash flow-$14.7M+66.4%
CapEx--100%
Free cash flow-$17.2M+21.5%

Valuation

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Market cap$986.12M+273%
Enterprise value$976.73M+219%
P/S14.2×+5.7×

Profitability

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Gross margin99.5%+1.5pp
Operating margin-34.8%-16.8pp
Net margin-37.5%-18.1pp
FCF margin-578.5%-283pp

Returns & leverage

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Return on equity-16%-7.2pp
Debt / equity0.3×-0.6×
Current ratio18.8×+16.6×

Where this comes from

Reported directly by Lexicon Pharmaceuticals in its filing.

Tagged under the XBRL concept lxrx:RevenueVariableConsiderationRegulatoryMilestones.

The official record: Lexicon Pharmaceuticals’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lexicon Pharmaceuticals's license — variable consideration, regulatory milestones?
Lexicon Pharmaceuticals (LXRX) reported license — variable consideration, regulatory milestones of $465M in Q1 2026.
What does license — variable consideration, regulatory milestones mean?
This metric measures revenue recognized upon the achievement of specific regulatory events, such as FDA approvals or clinical trial successes, as defined in licensing agreements. It reflects the successful de-risking of drug candidates through the regulatory process. These payments are critical for funding ongoing research and development activities.